Bank interest and dividends outside the scope of VAT: UAE Federal Tax Authority
The Federal Tax Authority (FTA) asserted that passively earned interest income from bank deposits and dividend income are outside the…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47807 articles available
Saudi banking regulator launches regulatory sandbox to test FinTech
Saudi Arabia’s banking regulator has started designing a sandbox regulatory environment, in line with its economic transformation. The move…
Goldman names Stefan Bollinger co-head of EMEA private wealth management
Goldman Sachs Group Inc said on Monday Stefan Bollinger will take charge as co-head of its private wealth management for…
FAB Recognised by CDP as Top UAE Financial Institution Fighting Climate Change
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, received…
Abu Dhabi Commercial Bank Launches Strands-powered PFM App
ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands' technology.…
Morgan Lewis to open office in Abu Dhabi
Morgan Lewis continues its focus on global depth of capabilities by adding a team of investment management, tax, and corporate…
World Bank to pump billions of dollars into Mena economies this year
The World Bank will provide billions of dollars in loans to the Middle East and North Africa in 2019 to…
Emirates NBD helps secure $200m finance for Daewoo E&C
Daewoo Engineering & Construction Company one of Korea’s leading construction companies with a growing presence in Middle East and Africa,…
Alinma Bank launches its first digital branch
Alinma Bank has launched the first of what will be a full network of digital branches across the Kingdom. …
John Varley faced walking ‘the plank’ if Qatar rescue had failed
A senior Barclays executive speculated that his former chief executive John Varley would have to “walk the plank” if the…
Supermodel’s Tax Fight Helps Prompt Israel to Redefine Residency
Israeli tax authorities are planning to tighten the definition of a resident for tax purposes, partly to avoid costly court…
Old Mutual International launches retail bond for Middle East and Africa
Old Mutual International has launched International Executive Portfolio, a retail bond aimed at investors based in the Middle East and…